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that the white house saying the president is cutting his holiday vacation in hawaii short to return to d.c. to work on a deal to try to stop those automatic tax hikes and deep spending cuts from kicking in on january 1st. and if they don't reach a deal before then, many economists say we will dip back into a recession. i had henly house republican leaders didn't have a lot of new information for their lawmakers. they would have 48 hour notice if they are needed to pray back to washington from various districts around the country. that tells us they are being noncommittal at this point because they frankly do not know whether or not there will be a deal to avert the fiscal cliff. now, after that conference call. the house speaker john boehner, his number two eric cantor the majority leader put out a statement putting the onus on president obama and for the reason why there has not been a deal so far. basically saying they can't move forward in the house without some sort of action in the senate the next few days. what they left out of that, unfortunately, is the reason why they are waitin
and the president to get their act together. the president took a red eye flight back from hawaii. why did congress and the president go on raication at all. >> yeah, we all go to work. >> there is nothing on the table . kelley. >> a lot of people feel they are left in the lurch by the president and congress. and they didn't get the job done . here's what we are facing. we are teetering on the edge of the fiscal cliff. there are many members in congress who disaagree raising of tax. the president had gone up to $400,000 when house speaker boehner would raise the tax hikes . but the sticking point is enments and spending. >> clayton: the republicans saying that the president and democrats not forth coming enough on entitlements. here's what will unfold in a few short days as we break this down to you. >> put your seat belts on, people. >> clayton: tax rates will hit these numbers and you go up to 120,000 . you will see 31 percent up to 36 percent . in these tax rates as they climb up. >> here's the bottom line. average tax rate of 2,000 to $4000. it is an additional 13,944 . millionaire's status whi
's flight is cancelled. >> gretchen: we'll talk about that. say aloha in hawaii. president obama will return early from his family's vacation and get back to worth work on the fiscal cliff. peter doocy is live with more on the vacation cutting his vacation short. >> the president will get one more full day of sunshine in hawaii befored hading back to dc. air force one is expected to leave 10:00 p.m. where he is. 3:00 a.m. eastern time and that will get him back thursday morning where he & and speaker boehner need to figure out how to bridge a 400 million dollar gap in their positions to avoid the fiscal cliff. the last time we heard from the president, he thought a break would benefit and bring lawmakers together. to make a difference >> everybody can cool off and drink egg nogand have christmas cookies and sing christmas carrolls and enjoy the company of loved ones and ask every member of congress when they are back home to think about that. think . obligations of people who cent us here. >> speaker boehner is expected to return to dc any time he with drew the republican plan b deal that ex
, president obama says goodbye dc. aloha, hawaii. >> smart move. >> good call. good swap. is it really time to cool off and drink some eggnog? cool off in hawaii? or is it grudge time? [ laughter ] warm up wheel of fortune may be a misforeign. i would like to solve. >> seven swans aswimming. >> military woman uses it all because she forgot to pronounce the g instead of swimmen it's swimming. >> that is ridiculous. >> send us emails and tweets on that one. >> it's have a vanessa williams. enjoy your holidays from "fox & friends." >> that is ridiculously low. >> that must have been a prank. >> we're just chillen. >> everybody drops their g's or a lot of people do. >> they are very specific on those things that and wheel of fortune and jeopardy. have you got to put the word in there, the the in there. you can't just miss those things. >> we start this morning with new meaning for the term home for the holidays. taken on entirely new meaning for one family of that marine veteran you all know about finally released from a mexican prison. >> five months he was stuck on this bed, chained to this b
the president's going to be flying back from vacation in hawaii today. a lot of people making something of that. i don't know what it means ultimately. >> well, one thing it means -- >> a show of something. >> if i had to get back from hawaii at a minute's notice, you know what it would be. the president will have an easier time of it, i think. right? >> i noticed a couple of news reports saying the cost of the last-minute flight is about $250 -- >> he's the president, he's allowed. he's not going to be like in -- you know, transferring in san francisco or l.a. or something. and hoping that flight isn't -- i think he can just sort of -- >> the good news. >> he can probably work on the way back. >> yeah. no -- >> at his desk or do what, you know, whatever. he may be able to play sports. there's no basketball court on air force one. right? or putting green? >> no. but i think that -- they might have an xbox or something. >> yeah, if we play virtual golf or -- hoops or something. all right. >>> as for the markets, stocks turning in double digit gains in 2013. nine of the 10 s&p sectors looked in p
. >> reporter: it feels like it, the president is in hawaii and congress is out of town and the fiscal cliff negotiations are on hold for the holidays with no agreement in sight. john boehner is throwing the ball in the democrats' court saying the debt is too high, spending out of control and taxes should not go up. in the g.o.p.'s weekly address, he accused the president and the democrats of refusing to accept a reasonable compromise. >> the best way to address our crippling debt is to make significant spending cuts and fix our tax code. to pave the way for long term growth and opportunity. this is an approach most americans support and remains republicans' highest priority. but we only run the house. democrats continue to run washington. >> reporter: the president left town for his traditional christmas in hawaii and he and his family arriving there this morning and he has gotten in a round of golf already. before leaving the white house, he stayed back hayes spe-- scal back his expectations, and he said it is time for compromise. >> president barack obama: we move forward together sore we
in hawaii. but don't you worry, we will always be together for christmas. [ male announcer ] being together is the best part of the holidays and cheerios is happy to be part of the family. you just ate dallas! >>> in connecticut today funerals took place for two 6-year-old victims of the sandy hook elementary school massacre, now, we're learn morgue about the killer from a former friend. ways freshman where lanza was a sophomore, both members of the tech club. >> very intelligent person. just like the way he acted around other people was just very with draub drawn, and just quiet. he had a nerd look. like you know khaki pants, belt, tucked in shirt. he had little computer hit. -- kit like a brief case instead of a backpack and a pocket protector. at one point he was a good kid. the event he did that day, may have been evil. before then, he -- he was just another kid. >> he says he lost touch when lanza left high school for home schooling. >> officials in texas including the governor, rick pee$ prevent school shootings. governor perry says knee jerk gun control legislation snot the answer. h
the fiscal cliff. happy new year. here's what you might have missed. president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate and the white house may be a very last-minute deal. cnn radio's lisa is following developments on capitol hill right now. the ball is in senate majority leader harry reid's court it would seem right now, lisa. >> that's right. harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, es
quit his job and sold his things and planned to move to hawaii and bought a ticket. now she wonder fist he planned to move. here say counsellor with his high school. >> he was counseling kid assigned to the yard system and helped us with work in the counseling office. i found him to be a polite young man. soft spoken and nice smile. just really surprised that somebody with his personality would do this. >> we are learning more about the victims. 54-year-old cindy ann yullie. she was everyone's friend and a hospice nurse. steve forsythe had two children and loved to coach kids sports. christina is in the hospital in serious condition with bullet fragments in the lung and liver. the 15-year-old will recover, but faces more surgery. >> john mcafee, the software pioneer is back in the u.s. >> i don't even know why i'm here. this morning i was in jail and today here i am. >> a bizarre murder mist rear had this mouth you will on the run and hiding in belize to you go at mally and now miami beach. what's next? we caught up with him. that's ahead. [ female announcer ] what if the next big thing
. >> bill: culture warrior segment. diminish the federal holiday of christmas. the latest in hawaii where secular group octobered to event poor people in after from can a. the reason the hawaii citizens for the separation of church and state objected the event involved the new hope church which handled ticket sales for a concert. joining us now from new york culture warriors. >> janine is there a growing anti-christian bias in america? >> i'm catholic, bill, i have to tell you if i didn't answer that responsibly and say yes i wouldn't be telling you what's going on in our country. we have this nativity scenes and can a there has been this try to reduce the number of religiously identified displays, then what we are seeing now is more and more of these things being suppressed by the courts who are now saying if there is an identification of religion in any way, then that is unconstitutional and it is a violation of the first amendment. but the interesting thing about this is that the first amendment has the establishment clause and it says that there is no way that you can interrupt the es
, explain to all of us because it appears the lights are out in washington d.c. the president is in hawaii. everyone is home. with all the sides saying that they expect to go over the cliff, it looks pretty likely that that might just happen. >> well, i certainly think that concern is growing. that that's a real possibility at this point. at the same time, thomas, i think there's still so much pressure on all sides so get something done because as he heard joe lieberman said, the consequences would be huge. the economy could potentially slip back into recession. the white house has described this as a working vacation for president obama, but the reality is that negotiations are largely deadlocked on all sides. there have been a few talks going on at the staff level, but the real bulk of this work is going to get done when lawmakers return to washington later this week after the christmas holiday and resume manageses. that's when we're going to see the focus really shift away from the house and on to the senate. of course, speaker boehner tried to get his plan b, alternative bill through t
.s. naval base in pearl harbor, hawaii. last summer a dozen veterans went back to the base where they served and survived. >> at first i thought it was not going to affect me too much. but it is tough to see all of the misery that was created. >> after 70 years, believe me. >> their entire hon horr and flight documented for a film called back to pearl. joining me is chris hibon who is in the air force and pearl harbor survival. known as cookie cook. good morning to both of you. >> good morning. cookie on the morning of december seventh. you were there in the barracks. you were in the shower getting ready for church. >> that's right. >> where were you? do you remember? >> i right there. >> a bomb went ouv nearby. >> it went off down in here. i was underneath this. >> you ran out of the building and smart enough to jump underneath a car. >> yes. >> you felt another gi may have saved your life that day. >> i think so. he was in front of me and they dropped the bombs right in here. and the scrap nel hit him first because he was underthe car in front of me. >> steve: you put this movie together.
to hawaii. he never followed through on that. instead police say he put a hockey mask on and headed toward the clackamas town center mall on tuesday afternoon. ended up killing a dedicated hospice nurse and respected former radio executive. critically wounded a 15-year-old girl before he finally committed suicide. it all brings us right to dan simon. he's live from suburban portland this morning. what else do we know about jacob roberts? >> reporter: well, good morning, soledad. his name surfaced less than 24 hours ago so it's still a bit early in the investigation. but the things that you would typically look at, his family life, you know, where he works, his relationships, haven't seen really any obvious signs. investigators say they haven't found a criminal history, no violent past. so at this point things don't really add up. people have been trying to look at his facebook page, esee if there are any clues there. there is a piece of artwork on his facebook page saying follow your dreams. the word "cancelled" stamped over it. could that suggest anything? at this point we don't know that
sansburn, told abc news that roberts quit his job, sold all his belongings and said he was moving to hawaii. she still has no idea what set him off. >> this was the last thing i would ever have expected. especially from him. he was just too sweet. >> reporter: detectives say roberts made a beeline from his volkswagen jetta, parked in the mall lot, and entered macy's carrying the rifle, which he stole from someone he knew. roberts wore a ballistics vest that carried ammo, and a hockey-style mask. that grisly image, different than the one released yesterday, from the woman who raised roberts, showing him looking innocent and happy. a family friend read a statement. >> she has no understanding or explanation for her son's behavior. >> reporter: police continue running search warrants and chasing leads, trying to find an explanation for this rampage. tahman bradley, abc news. >>> amazingly, the young woman who was seriously injured in the shooting, kristina schevchenko, survived a deadly, head-on car crash, this past august. we'll have more from the scene, coming up later today, on "good mornin
. thank you. >>> speaking of president obama, he attended the burial today of long-time hawaii senator, daniel inouye. it was a 19-gun salute when the senator's coffin arrived at the national memorial cemetery of the pacific. senator inouye was the first japanese american elected to both houses of congress. he was also the second longest serving senator in american history. he was 88 years old. >> the other big story we're following tonight, with a third of all americans traveling for the holidays, meteorologists are now worried about what could be the nightmare after christmas. two new storms are moving in. we'll get the forecast in a moment, but first here's abc's john schriffen with the mess the weather is already creating. >> reporter: it's the christmas trip turned nightmare for drivers on the east and west coast. in northern california with more snow expected to blanket the sierra mountains tonight, cars are having trouble just staying on the road. >> the roads are pretty bad. there's a lot of spinouts further east. there's going to be chain control for the next two days at least
, negotiations. >> president obama is in hawaii for christmas. and says he'll cut his vacation short to try and hammer out a deal with congress. the deadline. now a week away. if congress fails to reach any agreement, income tax rates will go up on just about everyone on january 1st. unemployment benefits will expire for many as well. >> thousands of nurses will walk off the job today at nine bay area hospitals. nurses with sutter health's alta bates summit medical center are asking for negotiated labor contracts and improvements in patient care protections. such as staffing levels, health benefits, and sick days. strikers say hospital officials want to reduce the number of paid sick days for nurses and technicians, while eliminating health care coverage for those who work fewer than 30 hours a week. >> we will be right back. thousands of palestinians and international tourists are visiting bethlehem to visit christmas. and to celebrate-christmas. this is live at the we will be right back. >> watching wall street, this shorter trading day. they are open until just 1:00 p.m., not a lot to ch
, in baltimore. uncle earnie? waaay out in hawaii. but don't you worry, we will always be together for christmas. [ male announcer ] being together is the best part of the holidays and cheerios is happy to be part of the family. you just ate dallas! make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. . >>> it's 7:30. we are following more breaking news from the south bay. news chopper 2 is giving us these live pictures. first word that classes are canceled today at kennedy middle school, it has been canceled, classes canceled for today. also word that monta vista high school coopertino is also shut down, all of this because of threatening grafitti and i'm told we are flying over kennedy middle school. po
. but president obama is cutting short his christmas vacation. he is leaving hawaii tonight, so that he can be back in washington when congress reconvenes tomorrow. and they can try once again to negotiate a deal to avoid the fiscal cliff by the end of the year. just about every american family will see their taxes increase on january 1 unless a deal is reached. but lawmakers are expressing very little optimism so far. meantime, the president spent christmas in hawaii, visiting a local marine base, thanking more than 100 troops and their families for their service. >>> and this morning, the taliban is claiming responsibility for a suicide bombing at a major u.s. base in eastern afghanistan. three afghans, including a guard at camp chatman were killed in today's explosion. >>> and back here at home, former major league baseball player andruw jones is free on bond this morning. he was arrested near atlanta early christmas morning on a battery charge, after police responded to a call about a domestic dispute with his wife. >>> and netflix, they are apologizing for a christmas outage in its vid
morning. >> reporter: well, good morning, rebecca. the president boarded air force one in hawaii early this morning and headed back to washington to deal with the so-called fiscal cliff. with just five days until the combination of automatic tax increases and spending cuts that could send the economy back into recession, the president wants congress to take the lead in getting the job done. the senate convenes later today and majority leader harry reid has told members to be prepared to work on fiscal cliff issues through the weekend. reid is working on his own plan to get members to come together before the end-of-the-year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short-term spending cuts instead of the massive cuts that would occur if there is no deal. after a wednesday conference call, house republican leaders issued a statement saying they're waiting for the democratic-controlled senate to act. adding to an already volatile situation, treasury secretary tim geithner in a lette
. criminal charges against him were dropped. >>> the state of hawaii is no longer 50th in voter turnout. it's tied for 49th with west virginia. this time around, they've got company at the bottom. both west virginia and hawaii tenned out 44.2% of its voters in 2012. >>> the duke of cambridge decided to cancel a scheduled appearance at a military event to be with his pregnant wife. katherine has been battling acute morning sickness. they are supposeded to attend the royal premiere of "the hobbit" tomorrow but the daily mail says katherine may not be well enough to go. >> if he skips the hobbit for her, that is true love. i'll be impressed. >> thank you. 17 minutes past the hour. time for early reads, local news making national headlines. we're starting with the charlotte news and observer in north carolina where a federal judge ruled the state cannot issue choose life license plates without offering ones with different view points. he called it viewpoint discrimination and violation of the first amendment. pro-choice advocates and the aclu praised that decision but the ruling suggests, they
to hawaii but missed his flight. a neighbor saw him leaving his apartment in a hurry carrying a guitar case. his mom issued a statement through a friend. >> tammy wishes to express her shock and grief over the events at the center. she has no explanation or understanding of her son's behavior. >> his mom was worried a couple years earlier about his drug use and that he might end up in prison some day. >> dan springer, thank you much. >>> experts say north korea still years from having a shot at developing reliable missiles despite the recent rocket launch. north korea's three stage longing range rocket launch is a front for a intercontinental ballistic missile test. the launch is progress for the nuclear arms weapons nation but it would take a langer missile to his us, the united states. jennifer griffin is live for us at the pentagon. how successful or disturbing was the launch? >> there's a little bit of confusion about just how successful the launch was. u.s. officials are telling us that the initial indications suggest while the launch appears to have worked in terms of going through th
, they talked very nicely to one of the passengers, probably offered him, i don't know what, flights to hawaii or something, just to accommodate me in first class. >> you automatically get up graded now? i mean, do you have to pay for first class? or is it all coach -- >> i buy first class because it's important for me to be comfortable with all the flying i do. like i said, people say oh, how can you do it? i fly first class, and united, by the way, they have cnbc, "squawk box," on the flight this morning. >> they do. >> yes, they do. quite a few flights that show your show. >> what do you mean you fly first class? you don't pay first class? >> i negotiate a rate because of the extreme amount of travel i do. >> does anyone really pay those first -- i mean -- >> people do. >> not as much. they -- obviously upgrades is a very popular commodity -- >> upgrade frequent flyers? >> you can upgrade with miles. you can copay. there's a lot of different ways to upgrade. the average flyer kind of ge gets -- kind of has been spoiled through, you know, before united went bankrupt -- >> spoiled? i don't th
job in the derks li and sold all of his belongings and bought a ticket to hawaii. >> she wishes to express shock and grief the events in the shopping she has no explanation or understanding of her son's behavior. >> ros killed a 54 year old nurse and 45 year old father of two, steven forsyth. a 15 year old was seriously injured . robertson took his own life. late last night john fee -- macfee arrived in the united states. >> this morning i was in jail and today here i am. i am not worried at all. if i am in front of a court they will not send me back. they have no evidence . >> gretchen: macfee is wanted in the country of bealize for the murder of his neighbor. we'll hear from secretary of state hillary clinton on the benghazi, libya attack that left ambassador stevens and three others dead . she will testify december 20th to the house foreign acommittee. the administration has been under fire for the handling of the benghazi attack and their consulate. today government is making commercials tune it down, really? ♪ ♪ >> gretchen: a new fcc rule said tv commercials can't have
is in the nation's capital this morning. so president obama's in hawaii. house speaker john boehner and other lawmakers have gone home for the holidays. what does all this mean for the chance of getting a deal done before the deadline? >> reporter: no doubt that president obama went to a warmer climate with the weather and probably a warmer climate politically. if there's any negotiating that will be done now, it will have to be done long distance for the next few days. we know that speaker boehner and president obama spoke in washington yesterday before they left. but when you hear their final words to reporters, it shows there is a continued public divide. >> the president and senate democrats have vowed to reject and veto all of our proposals while failing to offer responsible solutions of their own. but the president has -- what the president has offered so far simply won't do anything to solve our spending problem and begin to address our nation's crippling debt. >> in the next few days, i've asked leaders of congress to work toward a package that prevents a tax hike on middle-class amer
-girlfriend was pregnant. there are reports roberts recently quit his job and wanted to move to hawaii the the victim's family and friends are speaking out about their loss now. >> cindy was an amazing hospice nurse. she spent her life helping other people transition to the end of life. and cindy yuille's family never got to say good-bye. >> and that's 54-year-old cindy yuille. she was a nurse, 45-year-old steven forsyth ran a business at that mall and 15-year-old kristina shevchenko is said to be recovering well in a hospital. the shooter did not know any of his victims. >>> a british coroner's office confirms it was suicide that took the life of a nurse who was duped into a radio hoax involving the pregnant duchess of cambridge. the report confirms the nurse was found hanging in her room. there were also three suicide notes there. the nurse fallen for a prank by two radio hosts from australia who impersonated members of the royal family. >>> software tycoon john mcafee is back in the u.s. but no one seemed to know where he is. he was last seen leaving miami international airport just before 5:00 la
than originally planned. mr. obama and the first lady traveled to a marine base in hawaii yesterday to visit with service members and their families. tonight, the president will make the long flight back to washington to resume negotiations to avoid that fiscal cliff. congress will also be returning on thursday, and we will finally see if they can come together and make an agreement. >> and the clock is ticking. we are now just days away. and the one thing that we off forget, this fiscal cliff, this isn't some small cliff we're talking about. this is like road runner, wylie coyote way off that cliff. you come off that cliff, it is a long way down. there are serious consequences for all of us. >> spending cuts, taxes raised across the board. and the president was hoping that everyone could cool off, drink of eggnog, spend time with the family and when you get back to washington on thursday, let's hammer it out. but a lot of people are saying it doesn't look like it may happen at all. >> a lot of people will be celebrating on new years. when we wake up january 1, there might be a lot
the most category? taking into account mortgage size and income. borrows in hawaii and washington, d.c. get the greatest benefit. from 3 to 5%. california hard hit, losing that reduction could hurt a lot. talking about hard hit, take a look at arizona, nevada and florida. does that really affect home buying when the bulk of buyers in those states are investors who don't use mortgages? the answer, probably not. now i want it highlight new york and new jersey. they are on the high end of what you get from the tax benefit. and they desperately need buyers. two states have huge foreclosure backlogs. they need brisk buy flg order to eat up that distress. we want to keep that in perspective. people say taking away this deduction will raise home prices and drop purchasing power. but we have to remember that the interest deduction is used by 27% of borrowers. what is interesting is that older americans are getting hit with it more because they usually would move out of their large homes by now and they today stay in place because they weren't able to sell during the housing crash. guys? >> diana, d
his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech. gadgets and gizmos. apple, facebook, microsoft all have big news. will 2013 be a lucky year for the sector? which tech titans might lead the new trends? simon hobbs is in at the new york stock exchange. >> good afternoon. when president obama arrives back in d.c., can he prevent america falling over the fiscal cliff? house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm would be generated by the markets and the lo
for the holidays, the president has gone to hawaii on vacation. white house correspondent brianna keilar tells us no one is really talking, anyone, to get this solved. at least not here at christmas. >> reporter: senate democrats are not in conversations right now with senate republicans or with house republicans. and this is problematic obviously because in order to avoid the fiscal cliff, you would need to find some sort of deal that would make it through the senate and the house and that would mean democratic and republican support. right now, all eyes on the senate because they will reconvene on the 27th that is thursday. and senate majority leader harry reid, it is up to him really to cobble together something that can get some of that support. right now the white house is still supporting a threshold of $250,000 back to their initial starting point for tax rates going up for those making more than that. but you can imagine, hala, that will be very hard for some republicans, maybe even some democrats to sign on to. >> right, and, you know, for just about a week ago, it was common to hear, oh
circumnavigation to james cook's death in hawaii, that is from 151-92-1759, mariners he went around the world did so in fear. it was reasonable for them to be fearful in the dangers of such a voyage in the age of sail. in mortality rates for circumnavigation routinely covered in the 70th percentile so a lot of people try to go around the world. the world simply shrugged most of them off so in this initial phase death prevailed in fear was the response. in the 1780s until the 1920s however travelers made their way around the world with a striking confidence that they could survive the experience. that was because it generated technologtechnolog y and political networks that seem to have conquered the globe. at this point it was not only possible to go-round the world that have become a popular pastime. representations of doing the circumnavigation became playful, enticing and even joyous. there were costs not all of them hidden that they seemed out weighed by the glories in making an easy swing around the planet. over the 20th century, and now into the early 21st century, the confidence has given
together, the two sides seem to be literally moving further apart. the president in hawaii for the holiday, congress left the capital with no deal in sight. jon karl is in washington. they needed to get it done before new year's to see this thing get done. has the time to have that happen already passed? >> well, it's getting -- there's not much hope out there. i gotta tell you. just over a week left, josh. and the speaker of the house and the president did not even speak over the weekend. the last time they had a conversation was a brief phone conversation on friday. no signs of progress on anything since then. there wasn't much before, as you know. now the white house is looking at a fallback plan. just a stop-gap bill they're hoping congress would do that would delay the tax increases on people making over $250,000 from going into effect. it would extend unemployment benefits and delay spending cuts going into effect on january 1st. even accomplishing that will be difficult. congress comes back two days after christmas. that gives them four dice come to an agreement and pass something.
majority leader harry reid were both here in honolulu yesterday for the funeral of hawaii senator daniel inouye. we're told they didn't really discuss what to do next. before he left washington the president urged leaders to craft a sort of scaled down plan that simply extends the bush tax rates for the middle class and extends long-term unemployment benefits for another year. but, jeff and rebecca, it's really unclear whether even a package like that could pass both houses of congress. so the president is going to be cutting his vacation short and heading back to washington midweek to work with congressional leaders. at that point, as you know very little time left to get a deal only about five days. >> the pressure will be on. no do-overs for this one. nancy, i want to turn to michael crapo and his dui. what kind of details are emerging on that? >> reporter: we're told senator crapo had a blood alcohol level of .110. he was pulled over early saturday morning in alexandria virginia, just outside of washington, d.c. when he ran a red light. he was given a field sobri
.com/pricerewind. david: president obama cutting his hawaii vacation short to get back to washington to discuss the fiscal cliff. let's check the big board and see how the market is looking just days before americans could plunge off that cliff. it's been pretty steady at about mid 20s to the plus side on the dow. well, netflix shares are down as it blames amazon for outages that hit the streaming video service on christmas eve, more than 27 million subscribers could have been affected after an outage at an amazon web service center in virginia. full service was restored on christmas day. the company being blamed, amazon, shares of amazon are also down today, and what you might see written on your next cup of jo from starbucks. we will tell you what that is coming next right here. david: well, you might start to notice that starbucks employees are not writing your name on your latte, but they are putting a message there instead. a new campaign from a starbucks chief executive is urging his employees to write come together on customers' cups as a message to lawmakers as an effort to urge lawmakers to come
until '75. in television, nothing succeeds like the trend. cheryl: because hawaii 50 has been a huge success. they thought it would be horrible. huge ratings. dennis: the long tail. cheryl: i will send a media thing for. korean pop singer psy whooping it up "gangnam style" all the way to the bank with 1 billion views on youtube. the hit songs now said to make psy a multimillionaire. they reportedly will be raking in $8 million this year for sources like youtube ads, tv commercials. underlining the emergence of new revenue stream for the music industry. something you know a lot about. the fight between the labels. dennis: the big question is whether psy comes back with a soft market where is he the next macarena, who let the dogs out. cheryl: it is so interesting is he did this all himself. he said not to go to sony for the record labels. i will do it on my own. dennis: loving that video. is citigroup the grinch that stole christmas? 11,000 workers laid off with no bonus. cheryl: the fallout, and there could be more layoffs coming. lori and melissa are up next. before copd... i took m
, when the president is supposed to head to hawaii on his christmas vacation, all of this could slide. the real deadline is the end of the year, but they really need to strike a deal by christmas. and even doing that, have been waiting as long as that is something that could really roil the market. so it's also important that they do it before then, ted. >> yeah, well, hopefully the threat of missing their vacation will push them to work harder. >> it works sometimes. >> sure. brianna keilar for us this morning at the white house. brianna, thank you. this morning, some calming words on syria amid fears that the crumbling regime there could unleash chemical weapons on its own people, just days after the u.s. and other countries warned embattled president bashar al assad against such action. defense secretary leon panetta says syria may be backing away from that threat. here is what panetta said earlier this morning aboard a flight to kuwait city. >> we haven't seen anything new indicating, you know, any aggressive steps to move forward in that way. but we continue to monitor it very cl
that he was telling people in a he had inherited a bunch of money and planning to move to hawaii. apparently that's not grounded in any truth whatsoever. but you talk to all the people who knew him and they say this just doesn't sound like jacob roberts. and so at this point, it's just a real mystery. we're also getting more details in terms of the chronology in terms of how it occurred. we're told roberts entered the second floor of the macy's store, started firing actually in the food court area. and then within a minute, within one minute, police swarmed to the scene and when roberts felt like he was cornered, he went to the first floor, that and he where he shot himself. meantime, we're also hearing from someis of his friends. listen to someone who knew roberts from high school. >> he was a counseling aid with us. kids would sometimes be assigned to be our assistant and he helped us with some of the work in the counseling office. i found him to be a very polite young man, soft spoken, nice smile. and just really surprised that somebody with his personality would end up doing
was moving to hawaii. here's video from the scene. he is a semi- automatic rifle that he stole the day before the shooting from someone he knew. robbers killed two people and wounded a third before you took his own life. investigators say reds had no significant criminal history. police have arrested three people in connection with the fatal stabbing of 17 year-old former football star justice afoa. he was stabbed to death two years ago near the intersection of cedar boulevard and birds street and the word. 19 year-old daniela guzman, 31 year-old daniel howard and 2032 year old rafael told our were arrested on suspicion of murder. >> security firm mcafee announce that is average tacked on 30 u.s. banks has been planned. a gang of five rebel colonels and all this the visited chosen and that funneling money out a bank account from chase, citibank, and wells fargo and a pal as well as dozens of other large banks. prostate with its lights greproject let's craig has been successfully tested in at least 380 big bank accounts in the united states. the banks aren't commenting that are reportedly work
that you're on of the they were upset that they went on christmas vacations. the president went to hawaii and members of congress went home. both sides said we're going to come back to washington because we've got to solve the situation. i think what so many people are frustrated about is this is an ongoing situation. it's like every year we come to this point where we're talk being this cliff and this is what i think has angered so many voters and why congress has such a low approval rating. >> rick: they also got to this point because of their last time they did this. it was the last debt creating fight that deleted this thing. now they gave themselves an amount of time to work on it you and thought maybe last week there was a little progress being made. turns out there is not. we're back to exactly where we started at and we're eight days out now. >> clayton: you're right about that 'cause senator baucus, even back around thanksgiving, the senator from month month said oh, this is not going to get done, around thanksgiving. he said we will wait, as congress does, this will come to the
to hawaii to celebrate christmas with the first family, president obama tried to gifb lawmakers something to think about on their own holiday break. >> think about the obligations we have to the people who sent us here. >> nine days before the fiscal cliff and not a creature was stirring in washington. negotiations at an impass. the president says he hopes the holiday spirit will inspire a change of heart. >> everybody can drink some egg nog, have some christmas cookies. >> but republicans say the president's deal is jut too hard to swallow. >> the president's solution of raising tax rates would still be ready as far as the eyes could see. >> john boehner's plan b, raising taxes on americans making more than $1 million a year was scuttled by his fellow republicans. it's dead in the water with senate democrats. the president wants to lock in tax cuts for 98% of americans, but some house republicans refuse to raise taxes on anyone. for a few days though, both sides are setting aside the politics. >> i wish all the american people a blessed and merry christmas. merry christmas, everybody. >>
ii growing up. >> i had extended family who were in hawaii a short time ago who were veterans who were at pearl harbor managed to sleep in on that sunday morning and missed it by about an hour. >> i was name and my son is named after my uncle eric bolling shot down south pacific. body never found. everyone has a tie to that generation. >> he is proud you are carrying on his name. >> yes, sir. >> take a look at your northern plains, still warm across parts of the south. southeast is going to be well above your averages. that's to the south of this front. to the north of it just have scattered showers, scattered snow showers across parts of michigan and heading in towards canada. it's going to be mostly rain at least for now though across areas of the ohio valley northeast two or three days. developing system across the northern rockies. doesn't look like. now. measurable and plowable snow across minnesota by the time we get towards sunday afternoon. we do have blizzard warnings in effect. we will be very windy across parts of the dakotas. heaviest of the snow storm warning across w
is confirming that it has plans for a sed set country in india. >>> but first, the hawaii senator daniel inouye died at the age of 8837 he's a veteran and war hero. he was the senate pro item. >>> welcome back to squawk this morning. applemaker is confirming plans for a hand set factory in indonesia. foxconn now saying no timeline has been set. it would cost $5 billion to $10 billion following worker deaths, sudz and other things foxconn and apple has set pledged to bridge a new building steemt. >>> leo g ray kowski is the asset managements. really, leo? do you oversee $178 billion? >> i have a lot of help, swroe. >> that sounds like you would have a lot more wrinkles and look a lot more haggard if you had that responsibility. if we get a cliff deal which is looking closer, are our problems over in terms of this sort of market that's been stuck in the mud for a decade, do you think? >> i think a lot depends on time frame, but no is the short answer to your question. i think, you know, markets being discounting mechanisms, i think it's very unlikely that here in the short-term, we get the type o
of minutes. in the meantime -- >> they are gentlemen. >> in the meantime, the president is in hawaii on vacation. washington lawmakers are on holiday. there's still no deal to avoid the fiscal cliff. the deadline is a week away. hampton pearson is in washington on the stalemate. >> as early as the day after christmas, congress and the white house will have to start to deal with what president obama called the real consequences of going over that fiscal cliff. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. there are real world consequences to what we do here. >> a short-term deal won't just focus on tax rates. the end of the payroll tax cut and the impact of the hike in the minimum tax on january 1st. over the weekend, we did hear from some republican moderates who say it may in fact be time to make some kind of a move. >> the president's statement is right, no one wants taxes to go up on the middle class. i don't want them to go up on anybody. but i'm not in the majority in the united states senat
affected. but also hawaii, a big percent comes from defense spending. the green is nondefense. ala kass, new mexico, kentucky. so we talk about $620 billion being spread across the economy that will be individual hits to individual states and individual people that will be hit harder if this qulif does take effect. >> some sobering numbers. >>> the phrase that got the most nominations on the list of words to be banished, fiscal cliff. so we want to know what other phrases should be banned and why? tweet us. we have your responses coming up next. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... i've always kept my eye on her... but with so much
was in hawaii. this is 15 minutes. >> you will excuse me if i am frustrated in the situation i find myself in. president obama, self and others and asked if there was something we could do to avoid in the fiscal clef. we have been asking the president and the democrats to work with us on a bipartisan agreement for months. a plan that would simplify the tax code, st. the deficit, protect the tax payers, and put the economy. democrats consistently rejecting the offer is. the president chose instead to spend time on the campaign trail. this was after he got reelected. a congressional democrats said on their hands. we have stepped away out of our comfort zone. we wanted an agreement. we had no takers. the phone never rang it. here we are five days after the new year and we might finally start talking. democrats have had a year to put forward a balanced bipartisan proposal. if they had something that fixed the bill, i'm sure the majority leader would have to deliver the votes the president needed to pass it again to of the senate and we would not be and then to of this miss. here we are, once agai
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